In today's dynamic business landscape, where environmental liabilities pose significant challenges, the Qualified Settlement Fund (QSF) emerges as a beacon of efficiency and reliability. Contrasting against traditional Environmental Remediation Trusts (ERT), Eastern Point’s QSF offers unparalleled advantages, revolutionizing the approach towards environmental liability management.
Satellite Administrative Services Set to Disrupt the Settlement Claims Industry
Teams with Eastern Point Trust Company to Reach Underserved Minority Markets
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WASHINGTON, Jan. 26, 2021 /PRNewswire/ -- Satellite Administrative Services, the nation's only minority-owned settlement claims administrator, has secured an historic partnership with Eastern Point Trust Company, one of the fastest growing trust firms in the industry, to service non-traditional markets largely underserved by the settlement claims industry.
Satellite, a certified Small, Women and Minority-Owned (SWaM) business, will leverage its technology infrastructure to provide settlement claims administration services for new markets as well as for Eastern Point's existing client base. What distinguishes Satellite is the end-to-end support it provides for every element of the claims administration process including the coordination of defendants, counsel, and litigants involved in mass tort, multi-claimant, and single-event cases in the United States and internationally.